M Farooq Kathwari Buys 4,090 Shares of Ethan Allen Interiors Inc. (ETH) Stock

Ethan Allen Interiors Inc. (NYSE:ETH) Chairman M Farooq Kathwari purchased 4,090 shares of the stock in a transaction on Thursday, February 8th. The shares were purchased at an average cost of $24.37 per share, with a total value of $99,673.30. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website.

Shares of Ethan Allen Interiors Inc. (NYSE:ETH) traded up $0.70 on Friday, hitting $25.00. The company’s stock had a trading volume of 456,782 shares, compared to its average volume of 446,588. The firm has a market capitalization of $667.66, a PE ratio of 19.08, a PEG ratio of 1.62 and a beta of 1.16. Ethan Allen Interiors Inc. has a 12 month low of $23.50 and a 12 month high of $33.13.

Ethan Allen Interiors (NYSE:ETH) last issued its quarterly earnings data on Wednesday, January 24th. The company reported $0.53 EPS for the quarter, topping the Zacks’ consensus estimate of $0.51 by $0.02. The company had revenue of $198.50 million for the quarter, compared to analysts’ expectations of $198.50 million. Ethan Allen Interiors had a return on equity of 10.06% and a net margin of 4.80%. The firm’s quarterly revenue was up 2.0% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.39 earnings per share. equities research analysts expect that Ethan Allen Interiors Inc. will post 1.6 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 25th. Shareholders of record on Wednesday, April 11th will be paid a dividend of $0.19 per share. This represents a $0.76 dividend on an annualized basis and a dividend yield of 3.04%. The ex-dividend date of this dividend is Tuesday, April 10th. Ethan Allen Interiors’s dividend payout ratio is presently 58.02%.

A number of research firms have issued reports on ETH. Zacks Investment Research downgraded Ethan Allen Interiors from a “buy” rating to a “hold” rating in a research report on Friday, January 26th. Stifel Nicolaus lowered their price target on Ethan Allen Interiors from $30.00 to $27.00 and set a “hold” rating for the company in a research report on Thursday, January 25th. Telsey Advisory Group lowered their price target on Ethan Allen Interiors from $27.00 to $26.00 and set a “market perform” rating for the company in a research report on Thursday, January 25th. Finally, TheStreet downgraded Ethan Allen Interiors from a “b” rating to a “c+” rating in a research report on Friday, October 27th. Five analysts have rated the stock with a hold rating, one has assigned a buy rating and one has assigned a strong buy rating to the company. Ethan Allen Interiors has a consensus rating of “Hold” and a consensus target price of $30.80.

Several institutional investors and hedge funds have recently modified their holdings of ETH. Tiedemann Wealth Management LLC lifted its stake in shares of Ethan Allen Interiors by 39.5% during the third quarter. Tiedemann Wealth Management LLC now owns 28,231 shares of the company’s stock worth $244,000 after purchasing an additional 8,000 shares in the last quarter. Teacher Retirement System of Texas acquired a new position in shares of Ethan Allen Interiors during the fourth quarter worth about $256,000. Dynamic Technology Lab Private Ltd acquired a new position in shares of Ethan Allen Interiors during the third quarter worth about $259,000. Fox Run Management L.L.C. acquired a new position in shares of Ethan Allen Interiors during the fourth quarter worth about $311,000. Finally, Capital Fund Management S.A. lifted its stake in shares of Ethan Allen Interiors by 58.6% during the fourth quarter. Capital Fund Management S.A. now owns 11,100 shares of the company’s stock worth $317,000 after purchasing an additional 4,100 shares in the last quarter. Institutional investors own 96.75% of the company’s stock.

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Ethan Allen Interiors Company Profile

Ethan Allen Interiors Inc is an interior design company. The Company is a manufacturer and retailer of home furnishings. The Company operates through two segments, which include wholesale and retail. The Company is an international home fashion brand doing business in North America, Europe, Asia and the Middle East.

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